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Nov 16, 2012
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john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each other. this is not something we will wait until the last day of december to get it done. rich: they met for a little longer than an hour here at the white house. much of the talk was positive. there really is not anything close to specifics right now coming from anyone in all of this. here he read and nancy pelosi really did not mention entitlement at all. rich o'connell highlighted the fact that his conference in the senate believes that this country does not have a taxing problem, it has a spending problem. there are still two very different b
john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each...
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Nov 16, 2012
11/12
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dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the fiscal cliff that is right in front of us today. >> this isn't the first time we have dealt with these issues. we feel we understand what the problem is and we felt very good about what we were able to talk about. we have the cornerstones of being able to work something out. we are both having to give up some of the things we know are a problem and so it is like the point where we all know something has to be done, no other time than to do it now. we feel comfortable with each % other and something we will wait until the last day of december to get done. we will move forward on it an
dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the...
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Nov 19, 2012
11/12
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>> this is up to john boehner. it is up to the house republicans. the tea party caucus which is talking about the tax reform and really cutting spending, they are the only people that stand between us. dagen: give it up because you will lose either way. >> i will tell you something, if the republicans can do neither of those two things, if they cannot handle either of those core principles, they have no reason of being filled key parties of america. dagen: hello. that is your headline. connell: our next guest says much of this has to do with iran. k.t. mcfarland. the stock market is off to the races. seemingly unbothered by what is going on overseas. >> this is not the typical thing. this is different. this is potentially much bigger and much worse. it is all about iran. israel school and this is to take out the 10,000 missiles that are in gaza. that are capable of reaching jerusalem and tel aviv. in six months from now, they want the option to be able to have a strike and not have to have retaliation. dagen: at what point will israel or would israe
>> this is up to john boehner. it is up to the house republicans. the tea party caucus which is talking about the tax reform and really cutting spending, they are the only people that stand between us. dagen: give it up because you will lose either way. >> i will tell you something, if the republicans can do neither of those two things, if they cannot handle either of those core principles, they have no reason of being filled key parties of america. dagen: hello. that is your...
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Nov 20, 2012
11/12
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even if you listen to boehner and harry reid, pelosi and the president, they are leaning towards getting something done. >> absolutely. i think something must be done. next quarter, we will be faced with the same old fable once again. it is one crisis after another. this was a self created crisis by republicans and autocrats. be careful what you wish for. the day of reckoning is here. connell: let's just take, as the premise of it, let's just say they have too given for whatever whatever reason and say the taxes on the top 2%, the families making $250,000 above, that those are going up. what can they demand in return that they can get from the democrats? >> we need drastic spending reductions. we have to tackle the root cause of our problems which is entitlements. once and for all, we have to tackle entitlements. we can increase taxes without increasing the rates. we can talk about capital gains, the death tax. connell: by the way, why is that better for the normal person? they may be better off if the tax rate for the top people went up. i understand both may happen. >> because of a sur
even if you listen to boehner and harry reid, pelosi and the president, they are leaning towards getting something done. >> absolutely. i think something must be done. next quarter, we will be faced with the same old fable once again. it is one crisis after another. this was a self created crisis by republicans and autocrats. be careful what you wish for. the day of reckoning is here. connell: let's just take, as the premise of it, let's just say they have too given for whatever whatever...
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Nov 12, 2012
11/12
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john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases the top tax rate from 15 to 20%. meeting friday at the white house. back to you. lori: we know you will be there, rich. thank you. melissa: the president calling on congressional leaders to work together. congress has a voter mandate not to raise taxes. joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my
john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases...
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Nov 13, 2012
11/12
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john boehner says we will talk more tax revenue in an overall tax system but we won't discuss without entitlement reform. that is the key for republicans. they will do tax revenue but it has got to be part of an overhaul of the tax system and has to involve medicare, medicaid and social security. exactly what, folks. but white house don't want to. melissa: leaders in d.c. are scrambling to figure this out but our first guest says he really does fear we're going to hit the fiscal cliff. think of while e. coyote and the acme parachute. scott hodge is president of the tax foundation. you are well known for innovative ideas on tax policy. in the 1990s you campaign to include a child credit in capital gains tax cuts. what is your best idea this time around? >> the best idea right now is for everybody to take a deep breath and pumped into next year. all the tax cuts should be extended for one more year to give congress and the white house some extra time to get off of their political posturing and make a rational deal between them. this is the worst time of year to make some sort of deal. t
john boehner says we will talk more tax revenue in an overall tax system but we won't discuss without entitlement reform. that is the key for republicans. they will do tax revenue but it has got to be part of an overhaul of the tax system and has to involve medicare, medicaid and social security. exactly what, folks. but white house don't want to. melissa: leaders in d.c. are scrambling to figure this out but our first guest says he really does fear we're going to hit the fiscal cliff. think of...